Glossary
Due date
The due date is the agreed day an invoice or debt must be paid, after which the amount counts as late.
What it means for a shop owner
Writing it on the bill turns a spoken agreement into a clear date you can follow. It sorts late debts and tells you whom to call first, and it shows when you must pay your own suppliers.
A worked example
You sell on 1 March with payment in 30 days, so the due date is 31 March. If he has not paid by 5 April, the debt is 5 days late.
Related
Try it in your shop, free, no card.
The free plan: the whole shop for one branch, an offline cashier with stock, debts and accounting, with a daily limit on invoices, expenses and purchase orders. What it includes